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Home + Sea Realty
4 Beds2.5 Baths3,640 sqft

705 N Molalla Ave, Molalla

$739,900

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PendingMLS®: 305189590Listing held by another brokerage, marked RMLS
Price per sqft
$203.27
Built in
2005
Property size
3,640 sqft
Lot size
20,473 sqft
Property type
Residential
Days on market
156

Overview

THIS HOME HAS AN ASSUMABLE VA MORTGAGE OF ALMOST $400K AT AN INCREDIBLE 2.25% interest rate available to eligible buyers — YOU DO NOT NEED TO BE A VETERAN TO ASSUME THIS LOAN.. This beautifully maintained custom home sits on a peaceful and private .47-acre lot just blocks from the charm and conveniences of downtown Molalla. Enjoy the serene backyard setting complete with a deck surrounding a picturesque koi pond, creating the perfect space for relaxing or entertaining.In addition to 4 bedrooms, this spacious home features an expansive bar/game room, dedicated office, and bonus room offering flexibility for work, hobbies, or multi-generational living. The spacious primary suite includes its own fireplace, while additional amenities include hardwood floors, central A/C, gas kitchen appliances, and tankless water heater.Car enthusiasts, hobbyists, or business owners will appreciate the impressive 36x60 shop with a half loft providing abundant storage and workspace. Major updates include newer roof and gutters replaced within the last two years.This property truly offers the perfect blend of comfort, functionality, and small-town charm — all in an exceptional location.

Details

Interior

Interior features
Hardwood Floors, High Ceilings, Wall to Wall Carpet
Appliances
Built-in Range, Dishwasher, Disposal, Gas Appliances, Range Hood
Fireplace
Yes
Fireplaces
1
Fireplace description
Gas
Cooling
Yes
Cooling description
Central Air, Heat Pump
Heating
Yes
Heating description
Forced Air
Windows
Double Pane Windows, Vinyl Frames

Exterior and lot

Lot size
20,473 sqft
Exterior features
Deck, Outbuilding, Porch, RV Hookup, RV Parking, RV / Boat Storage, Sprinkler, Tool Shed, Water Feature
Architectural style
Two Stories
Roof
Composition
View
No

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
3
Parking
Carport, RV Access Parking
Total parking
3

Schools

High school
Molalla
Middle school
Molalla River
Elementary school
Molalla

Location

City
Molalla
County
Clackamas

Taxes and dues

Annual taxes
$11,177 (2025)

Location

705 N Molalla Ave, Molalla, OR 97038

Map showing the location of 705 N Molalla Ave, Molalla, OR 97038
© Mapbox © OpenStreetMap

Monthly payment estimate

$4,869 /mo

20% · $147,980
7.00%
Principal and interest
$3,938
Property tax (2025)
$931
Total
$4,869

Estimate only, and not an offer of credit. Assumes 20% down ($147,980) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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